The company said the Compensation, People and Culture Committee set Scott Boatwright's annual base salary as Chief Executive Officer at $1,100,000 for 2025, up from his current annual base salary of $1,000,000 as Interim Chief Executive Officer.

1. 01

   The company said the Compensation, People and Culture Committee set Scott Boatwright's annual base salary as Chief Executive Officer at $1,100,000 for 2025, up from his current annual base salary of $1,000,000 as Interim Chief Executive Officer.

2. 02

   Chipotle said Scott Boatwright will be eligible for an annual cash incentive in 2025 with a target of 200% of base salary, up from his current target of 115% of base salary as Interim Chief Executive Officer.

3. 03

   The company also said Scott Boatwright will be eligible to receive annual equity awards beginning in 2025, with an aggregate grant date value of $13,000,000, subject to the terms of its shareholder-approved equity plans.

4. 04

   Chipotle said the Compensation, People and Culture Committee of its Board of Directors approved the 2025 compensation package for Scott Boatwright, Chief Executive Officer, on December 17, 2024, reflecting his promotion from Interim Chief Executive Officer to Chief Executive Officer.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.